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1v1 Institutional Counterparty Comparison

FBK vs ICM: Regulation, 6D Ratings & Safety Audit

Deterministic head-to-head benchmarking of FBK (FBK Markets SA (Pty) Ltd) and ICM (ICM Capital Limited) across primary regulatory filings, statutory Tier-1 authorisations, 6-Dimension compliance scores, execution software, and warning exposure.

Coverage: Firms with licence warnings, enforcement flags or complaints

DETERMINISTIC QUANTITATIVE VERDICTCanonical Pair: fbk-vs-icm

ICM outranks FBK by +5.0 pts in composite 6D scoring (7.0 vs 2.0)

On supervisory breadth, FBK holds 0 active regulated licence(s) (0 Tier-1) out of 1 total filings and 0 warning count(s), whereas ICM holds 3 active regulated licence(s) (0 Tier-1) out of 4 total filings and 0 warning count(s). Allocators should inspect the individual licence numbers and contracting legal entities below before onboarding.

6-Dimension Quantitative Scorecard Comparison

Head-to-head breakdown across all 6 proprietary evaluation dimensions (0.0–10.0 scale).

Evaluation DimensionMethodology WeightFBKICMScore DeltaDimension Leader
Overall Composite 6D Score100% Composite2.07.0+5.0ICM
Regulatory & Licensing Integrity (riskScore)30% Weight2.07.0+5.0ICM
Execution & Software Infrastructure (industryScore)20% Weight1.05.0+4.0ICM
User Reputation & Complaint Telemetry (userScore)20% Weight0.00.00.0Statistical Tie
Institutional Brand Longevity (brandScore)15% Weight2.07.0+5.0ICM
Global Market Influence & Footprint (influenceScore)15% Weight2.08.0+6.0ICM

Visual Architecture Benchmark: FBK vs ICM

Vector comparison exhibit generated from live supervisory snapshot metrics.

1v1 Institutional Counterparty Benchmark: FBK vs ICM
Exhibit: Side-by-side regulatory and 6D quantitative comparison between FBK and ICM.

Regulatory Standing, Entity & Platform Comparison

Structural comparison of supervisory authorisations, domicile, execution terminals, and risk telemetry.

Audit AttributeFBKICM
Primary Legal NameFBK Markets SA (Pty) LtdICM Capital Limited
Source Risk ClassificationRisk level not suppliedRisk level not supplied
Active Regulated / Total Filings0 regulated / 1 total (0 Tier-1)3 regulated / 4 total (0 Tier-1)
Recorded Certificate Numbers
Registered Domicile / Address1 Chadwick Ave, Wynberg, Sandton, 2090ICM Capital Limited, Level 30, 122 Leadenhall Street, London EC3V 4AB, United Kingdom
Offered Asset Classes & ServicesEducation, Indices, Forex, Commodities, BondsCFDs, Commodities, Precious metals, Forex, Stocks, Futures
Execution Software & TerminalsMT4MT4, MT5
Supported Client LanguagesEnglishChinese (Simplified), Spanish, Arabic, English, Russian
Warning / Exposure Count0 recorded warning(s)0 recorded warning(s)
Specialized Sub-Page Audits

Compare FBK and ICM against other regulated peers in our firms with licence warnings, enforcement flags or complaints slice.

Frequently Asked Questions: FBK vs ICM

Deterministic counterparty comparison answers derived from supervisory records.

Which institution has stronger regulatory oversight: FBK or ICM?

ICM holds more active regulated filings (3 vs 0). Specifically, FBK maintains 1 total recorded filing(s) (FSCA) with 0 warning flag(s), whereas ICM maintains 4 recorded filing(s) (Financial Conduct Authority, FSRA, Labuan FSA, FSCA) with 0 warning flag(s). Always confirm the specific subsidiary onboarding your account on the official regulator register.

How do the 6D quantitative compliance scores compare between FBK and ICM?

In RegTech Codex's 6-Dimension scoring matrix (0.0–10.0 scale), FBK records an Overall Score of 2.0 (Risk & Licensing: 2.0, Brand: 2.0, Market Influence: 2.0, User Reputation: 0.0, Execution & Software: 1.0), compared with ICM at 7.0 Overall (Risk & Licensing: 7.0, Brand: 7.0, Market Influence: 8.0, User Reputation: 0.0, Execution & Software: 5.0).

How do FBK and ICM differ in trading platforms and asset classes?

FBK lists Education, Indices, Forex, Commodities, Bonds with execution software [MT4], while ICM lists CFDs, Commodities, Precious metals, Forex, Stocks, Futures with execution software [MT4, MT5]. Counterparties should verify FIX/API connectivity, server routing topology, and negative balance protection per entity.

Which counterparty carries lower regulatory warning and complaint exposure: FBK or ICM?

FBK carries a "Risk level not supplied" classification with 0 warning/exposure count(s) and 0 user comment(s), while ICM carries a "Risk level not supplied" classification with 0 warning/exposure count(s) and 0 user comment(s).

Structured against supervisory register snapshots and public regulatory filings. Verify your contracting legal entity and current authorisation status directly on the issuing regulator’s official register before transacting.

FBK vs ICM (2026) — Regulation, 6D Score, Safety & Fee Comparison | RegTech Codex